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Sanjeev Govila | Answer |Ask -Follow

Financial Planner - Answered on Feb 02, 2023

Colonel Sanjeev Govila (retd) is the founder of Hum Fauji Initiatives, a financial planning company dedicated to the armed forces personnel and their families.
He has over 12 years of experience in financial planning and is a SEBI certified registered investment advisor; he is also accredited with AMFI and IRDA.... more

Question by Goutam on Feb 01, 2023Hindi

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Does new tax law incorporate SD, 80C & 80TTB for salaried class?

Ans: Under the new tax regime, Standard Deduction is not allowed this financial year (FY) but will be allowed next FY. 80C and 80TTB is not allowed in any of the years.

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.

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Question by Mairaj - Feb 01, 2023Hindi

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Under new tax regime, would I be able to take benifit of 80C and 80D transactions ?

Ans: Hello Mairaj

As a financial advisor, I would advise you to consult a chartered accountant for specific tax planning advice. They have expertise and in-depth knowledge of tax laws and regulations and can provide you with personalized strategies to minimize your tax liability. I can assist you in creating a comprehensive financial plan, but for tax planning, it is best to consult a tax professional.

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Question by JMR - Feb 02, 2023Hindi

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Sir, Exemptions u/s 80C is applicable under NTR (new tax regime)

Ans: Under new tax regime, allowances/exemptions like House rent allowance, Leave Travel allowance, Helper allowance, Children education allowance, helper allowance, 80C, housing loan interest (on self occupied property) etc will not be allowed.

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Question by Tanmoy - Feb 03, 2023Hindi

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Is standard deduction introduced under new tax regime applicable to salaried and pensioners irrespective of their income or only if income is greater than 15.5 lacs? Tanmoy Bhattacharyya

Ans: Standard deduction is available person having income from salary (including pension) irrespective of quantum of salary

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Question by birendra - Feb 06, 2023Hindi

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80U is applicable in new tax regime

Ans: If person opt for new tax regime all the deductions of chapter VIA like 80C/80D/80U etc will not be allowed except few like NPS contributions

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Question by Rajesh - Apr 01, 2023Hindi

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Sir, What are the exemptions/ deductions allowed to salaried class under new tax regime for FY 2023-24.

Ans: Hi Rajesh
Standard Deduction of Rs. 50,000 under the head salary, section 80CCD(2) for Employer’s Contribution to Employee NPS Accounts. Also, if you have a home loan on a house that has been rented, then the interest on the home loan is available as deduction

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Asked by Anonymous - Jun 18, 2025

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Hello Sir, My son got 98 percentile in MHT CET, according to previous year cutoff he can get Civil or Production Engineering in VJTI Mumbai, should he take any of the above branch. Is this good for his future. Please suggest.

Ans: Hello dear.
With the mentioned percentile, he may gain admission to CSE or computer-related branches with a compromise on the engineering college. Civil engineering is a more preferable branch over Production from a future point of view. Wait until the SML is declared. The scenario will be clearer after the SML.
Best of luck.
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Question by Pranjali - Jun 18, 2025

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I got 92 percentile in mh cet pcb exam which college will I get will it be a top or avg college will I get top college till last round

Ans: Hello Pranjali
With the mentioned percentile, you have a chance to get into top colleges either by the 2nd or 3rd round.
Best of luck.
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Asked on - Jun 18, 2025 | Answered on Jun 18, 2025

Which college will I get

Ans: Not possible for us to predict the college name at this stage. Let us wait for SML to be declared shortly.

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Question by ramya - Jun 18, 2025

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Deae Sir, my daughter got 14100 in MET, based on phase 1 counselling, she may get MIT bangalore Electronics and computer engineering, MIT main campus Mechatronics / cyber physical system or CSE at Manipal jaipur. Please advise which one is better. We are residing at Hyderabad.

Ans: Hello Ramya
Preference order: (1) CSE @ Manipal Jaipur (2) Electronics & CS @ MIT Bangalore (3) Mechatronics @ MIT Main Campus. Considering a female candidate, give preference to CSE or CS+Electronics.
Best of luck.
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Sir my son got 33415 rank in kcet and belong to sc category will he get cse in rvce ,bmsce or pes

Ans: Hello dear.
The chances are moderate to slim for CSE at RVCE, BMSCE, and PES. Consider exploring other colleges for better options outside of CSE and computer-related branches.
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Asked by Anonymous - Jun 18, 2025

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Ans: Hello dear.
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Question by ravi - Jun 18, 2025

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Hi sir, which one is better option ECE in IIT dharwad or IIIT bhilai? Pls suggest

Ans: Hello Ravi
Prefer ECE @ IIT Dharwad without any doubt.
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Question by Geeta - Jun 18, 2025

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Sir cbse private candidate ke marksheet par school name nahi likha rahata hai ese rule hai cbse ka uske jagah or koi document nahi chalega ya fir nios se class12 karu future me problum to nahi hogi na placement me

Ans: Hello Geeta
How is it possible that the school name is not printed on the mark sheet? Without the school name, the mark sheet/document will not be valid for any counseling process. Raise this issue with the school management as soon as possible to save your year.

Note: The same question was replied to you before. Please copy and paste the following link into your browser: https://gurus.rediff.com/question/qdtl/career/mere-class12-essential-repeat-agya-tha-maine-cbse-private-candidate/5215750

Best of luck.
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Asked by Anonymous - Jun 18, 2025

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My son ssecured 7001 ranking in KCET HK quota shall he eligible to CSE or E&C on RVCE or BMS.

Ans: Hello Dear.
Chances are moderate to slim for CSE or ECE at RVCS/BMS. Look into other branches at RVCE/BMSCE where cutoffs may fall within his rank range, or consider other reputable engineering colleges in Karnataka for a secured seat.
Best of luck.
Follow me if you like the reply. Thanks
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Question by Geeta - Jun 18, 2025

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Sir mere class12 me essential repeat agya tha to maine cbse private candidate banke paper diya jisme mujhe 79 percent bane aur jee main bhi clear ho gaya hai par ek problum hai mere marksheet par school name nahi likha to mere state if eligibility kaise decide hoga in jossa counseling konsa document proof keliye banega mere state of eligibility

Ans: Hello Geeta
How is it possible that the school name is not printed on the mark sheet? Without the school name, the mark sheet/document will not be valid for any counseling process. Raise this issue with the school management as soon as possible to save your year.
Best of luck.
Follow me if you like the reply. Thanks
Radheshyam

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Question by Shailesh - Jun 18, 2025

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If my daughter score 200marks in iisar which college she would get?

Ans: Hello Shailesh
Your daughter has a strong chance of getting a seat in IISER. I cannot predict the name right now. Sorry.
Best of luck.
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DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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